updated 10:14 AM EST, Nov 16, 2017
  • EDEN FINANCE plc WINS THE 2017 MALTA STOCK EXCHANGE COMPANY OF THE YEAR AWARD


    The Eden Leisure Group, guarantor of Eden Finance plc, proudly received the award for the 2017 Malta Stock Exchange (MSE) Company of the Year.

    The award was presented on Tuesday 14th November at the MSE annual Awards Dinner recognising outstanding performance by selected stakeholders. Mr Joseph Portelli, Chairman of the Malta Stock Exchange, called on Mr Ian De Cesare, Chairman of Eden Finance plc and the Eden Leisure Group, to accept the award from Minister of Finance, Professor Edward Scicluna, saying that the Group had achieved amazing double digit increases in revenue and EBIDTA over the previous year.

    The Company of the Year Award is in recognition of the Eden Leisure Group’s financial growth and corporate governance for 2017.

    In his speech, Mr Ian De Cesare accepted the prestigious award on behalf of the hundreds of women and men who make up the Eden Leisure Group, the guarantor of Eden Finance plc. He acknowledged the group’s strong Financials with a double digit increase in revenue and EBITDA in the last few years.

    In his acceptance address, he talked about transparency and corporate governance now practiced by ELG; the introduction of non executive, independent and female board members. Mr De Cesare also acknowledged the constant close relationship with the Institutions, banks and stockbrokers, holding annual meetings presenting Eden’s financials in depth.

    In his address, he talked about the recent creation of 54 luxury suites at the InterContinental Malta, the launch of Casino Malta, and last month the official opening of the Holiday Inn Express. Mr. De Cesare saluted the MSE for the service they provide to the business community on our island.

    He closed his address by recalling his parents Cettina and Maurice De Cesare who started the business 50 years ago with their hotel, the Eden Rock, at Ghar-id- Dud, Sliema showing how a small business can grow from its humble beginnings with hard work and determination and dedicated the Award to their memory.

                                           

     

  • ELG INAUGARATES THE HOLIDAY INN EXPRESS

    The Holiday Inn Express, was officially inaugurated by the Honourable Prime Minister, Dr Joseph Muscat, on Monday October 23rd in St Julians.

    This hotel is the latest addition to the Eden Leisure Group portfolio. Over the past 50 years, the Group has come to be known for revolutionising the entertainment and leisure industry. It currently operates Eden Cinemas, Eden SuperBowl, Cynergi Health and Fitness Club, 89.7 Bay Radio, The InterContinental Malta, The IACC (InterContinental Arena Conference Centre) and Casino Malta, with the ‘Holiday Inn Express’ as the latest addition.


    On the night of the inauguration, Mr Ian De Cesare, Chairman of the Eden Leisure Group, addressed the guests promising “a fantastic welcome in the new high quality Generation 4 Holiday Inn Express, a great night’s sleep, contemporary lounge with an extensive breakfast, all at a reasonable rate”.


    Comprised of 118 rooms and centrally located in St George’s Bay (next door to The InterContinental Malta), the Holiday Inn Express is superbly finished with IHG’s Generation 4 public areas and bedrooms, each including desks and LCD TVs, blackout shades and a pillow menu, power showers and a delicious buffet breakfast included in the room rate. The bright Express Café & Bar serves snacks and light meals all day.


    Two minutes’ walk from the hotel, guests can access St. George’s Bay beach, the nearby Bay Street Shopping Complex, Casino Malta, a cinema multiplex and bowling centre. The hotel’s 8th floor smart lobby lounge and terrace overlooking the bay, is ideal for informal meetings and relaxation.

     

  • VICTORY CHURCH ORGAN RESTORATION

    The restoration by Din l-Art Helwa of the 18C positivo organ of the Our Lady of Victories Church in Valletta gathers final momentum on the organ balcony of the church as restorer Robert Buhagiar assembles its parts in readiness for the inaugural concert that is to take place on the 5th December within the cadre of the Malta International Organ Festival. The restoration has been made possible with the support of the Eden Leisure Group who have been passionate about returning the instrument to the church so its voice can be enjoyed once more by the public. 

    The historic instrument is made up of 271 pipes and it disappeared from the public eye while being kept in storage for safe keeping by the Valletta Regeneration Committee when this had been organising the early restoration of the church of Our Lady of Victories. Brought back to the church when it was entrusted in guardianship to Din l-Art Helwa by the Government of Malta in November 2011, the organ is a simple one-manual instrument rare in Malta today. When played it still projects the original timbre and pitch intended for it in the 18 th century. Its own original antique carved wooden cabinet was also discovered in the church by Din l-Art Helwa together with its ‘finto’ pair, and painstaking restoration of both revealed original gilt and paint in the Sicilian decorative style below layers of grey overcoat.


    Organist Hugo Agius Muscat who has personally followed the history of this organ for several decades will play the organ during the inaugural recital, accompanied in parts by baritone Joseph Lia. The musical programme, chosen specially for an organ of this pitch and age by Dr Muscat will contain excerpts from Corelli, Bach, Zipoli, Durante, Oxinagas, Caccini, and Maltese composers Grech, Galea, and Azoppardi.


    Simone Mizzi, former President of Din l-Art Helwa who leads the Victory Church project for the organisation, said ‘It is so fortunate for the church that the organ has remained almost intact all these years, as such instruments are subject to much swopping and altering of parts. Its restoration by Robert has been a labour of love made possible by the Eden Leisure Group. Din l-Art Helwa is very grateful to them for their belief in this project and we are most excited that it is going to be played once more in the very place for which it was intended and within its own 18c gilt decorated cabinet’.
    Kate de Cesare, PR & Marketing director at Eden Leisure Group said ‘we are thrilled to have been able to support such a worthy cause and to have closely followed the transformation from salvaged wreckage to the beautifully restored instrument it has become once more. As major contributors to the entertainment industry today, we feel it fitting to have been involved in the restoration of an instrument that inspired and uplifted so many in the past.’

                           
    CAPTION: Kate De Cesare, director at the Eden Leisure Group, Simone Mizzi, former President of Din l-Art Helwa with Robert Buhagiar, organ restorer.